Revenue for D-Wave Quantum (QBTS)
According to D-Wave Quantum's latest reported financial statements, the company's current revenue (TTM) is $12.44M USD. Revenue is the total income from selling goods or services before any expenses. Unlike net income (earnings), revenue does not subtract operating costs, taxes, or other charges. Figures are in USD; chart and tables below use historical filings (not a live revenue-per-second estimate).
Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .
QBTS
Currently viewingRevenueSwitch metric
TTM (last 4 quarters)
$12.44M
YoY change
+178.5%
5Y CAGR
+36.7%
Peak year (2025)
$24.59M
Cumulative revenue
$60.78M
Revenue history chart for D-Wave Quantum (QBTS) from 2020 to 2025
Revenue history table for D-Wave Quantum (QBTS) from 2020 to 2025
| Fiscal year | Period ended | Reported | Revenue | YoY | YoY change |
|---|---|---|---|---|---|
| 2025 | $24.59M | +178.5% | +$15.76M | ||
| 2024 | $8.83M | +0.8% | +$69,000 | ||
| 2023 | $8.76M | +22.1% | +$1.58M | ||
| 2022 | $7.17M | +14.2% | +$894,000 | ||
| 2021 | $6.28M | +21.7% | +$1.12M | ||
| 2020 | $5.16M | — | — |
Revenue values are taken from D-Wave Quantum's reported income statements (10-Q quarterly and 10-K annual filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the date the filing was reported; YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
Analysis
D-Wave Quantum (QBTS) most recent annual revenue stands at $24.59M (2025) – surged 178.5% year-over-year.
Over 2020–2025 (5 years), D-Wave Quantum revenue expanded at a +36.7% compound annual rate, sustaining 5 straight years of year-over-year growth.
$24.59M stands as the all-time-high annual revenue, posted in 2025, against a low of $5.16M during 2020.
Within Technology, D-Wave Quantum (QBTS) ranks 9th among 8 peers we track. The peer median for revenue is $139.91B.
D-Wave Quantum Revenue by Year
D-Wave Quantum Revenue 2025: $24.59M
D-Wave Quantum revenue in 2025 was $24.59M, surged 178.5% from 2024. This figure represents the highest annual value in the available history.
D-Wave Quantum Revenue 2024: $8.83M
D-Wave Quantum revenue in 2024 was $8.83M, edged up 0.8% from 2023.
D-Wave Quantum Revenue 2023: $8.76M
D-Wave Quantum revenue in 2023 was $8.76M, grew 22.1% from 2022.
D-Wave Quantum Revenue 2022: $7.17M
D-Wave Quantum revenue in 2022 was $7.17M, grew 14.2% from 2021.
D-Wave Quantum Revenue 2021: $6.28M
D-Wave Quantum revenue in 2021 was $6.28M.
See more financial history for D-Wave Quantum (QBTS).
Sector peers — Revenue
Companies in the same sector as D-Wave Quantum, ranked by their latest revenue.
| Company | Revenue | Sector |
|---|---|---|
| TSMC (TSM) | $3.85T | Technology |
| Apple (AAPL) | $416.16B | Technology |
| Microsoft (MSFT) | $281.72B | Technology |
| NVIDIA (NVDA) | $215.94B | Technology |
| Broadcom (AVGO) | $63.89B | Technology |
| Micron Technology (MU) | $37.38B | Technology |
| AMD (AMD) | $34.64B | Technology |
| ASML (ASML) | $32.67B | Technology |
Frequently asked questions
What is D-Wave Quantum's revenue?
Latest reported revenue for D-Wave Quantum (QBTS) is $12.44M (period ending March 31, 2026).
How has D-Wave Quantum revenue changed year-over-year?
D-Wave Quantum (QBTS) revenue changed +178.5% year-over-year on the latest annual filing.
What is the long-term growth rate of D-Wave Quantum revenue?
D-Wave Quantum (QBTS) revenue compound annual growth rate is +36.7% over the most recent 5 years available.
When did D-Wave Quantum revenue hit its highest annual value?
D-Wave Quantum revenue reached its highest annual value of $24.59M in 2025.
What was D-Wave Quantum revenue in 2024?
D-Wave Quantum (QBTS) revenue in 2024 was $8.83M.
What was D-Wave Quantum revenue in 2025?
D-Wave Quantum (QBTS) revenue in 2025 was $24.59M.
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